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Determine the amount of cash collected from receivables

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Question - The following account balances come from the records of Ourso Company:

 

Beginning Balance

Ending Balance

Accounts receivable

$2,800

$3,600

Allowance for doubtful accounts

280

350

During the accounting period, Ourso recorded $14,000 of sales revenue on account. The company also wrote off a $150 account receivable.

Required -

a. Determine the amount of cash collected from receivables?

b. Determine the amount of uncollectible accounts expense recognized during the period.

Reference no: EM133025894

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